Hexaware Technologies, a global IT solutions and services provider, has opened a new delivery center at Gujarat International Finance Tec-City (GIFT City), India's premier international financial services hub. The center was inaugurated by Gujarat Chief Minister Shri Bhupendra Patel. This facility will serve Hexaware's global banking, financial services, and insurance (BFSI) clients, offering digital solutions, artificial intelligence, cloud transformation, data engineering, and next-gen software services.
Expansion in Gujarat
Hexaware already has an established presence in Ahmedabad and Gujarat, which laid the foundation for this new investment. With the GIFT City center, the company aims to create a technology and innovation hub for financial institutions worldwide. Over the next three years, Hexaware plans to generate approximately 1,000 high-skilled jobs in areas such as software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services.
Government and Company Reactions
Chief Minister Bhupendra Patel stated, "The establishment of Hexaware's delivery center at GIFT City is a strong endorsement of Gujarat's position as a globally competitive destination for financial services and technology. This is the kind of high-value investment the state has been building toward."
R. Srikrishna, CEO and Executive Director of Hexaware, commented, "GIFT City represents a unique convergence of financial services, technology, and innovation. Our expansion aligns with our strategy of being closer to customers while leveraging India's exceptional talent ecosystem. We are excited to contribute to Gujarat's technology landscape and create meaningful career opportunities."
Vikash Kumar Jain, Chief Financial Officer of Hexaware, added, "GIFT City presents a compelling proposition for a company of Hexaware's focus and scale. The financial services landscape, talent quality, and policy framework made this a clear decision."
Impact on Hexaware's Global Operations
The GIFT City center adds to Hexaware's growing delivery footprint in India, supporting its work with BFSI clients across global markets. Hexaware is a global technology and business process services company that empowers enterprises to realize digital transformation at scale and speed.
